2 ms·
As bad as Prop 13 is for California, it's silly to put the whole blame on high rents on it. It's enough to note that rents are high in NYC, Boston, DC, and Seat
by xyzzyz 6y ago
As bad as Prop 13 is for California, it's silly to put the whole blame on high rents on it. It's enough to note that rents are high in NYC, Boston, DC, and Seattle, and none of these places have Prop 13. If you can have skyrocketing rents without Prop 13, why would you think that it's Proposition 13 that's bearing the whole blame in California?
- pydry 6y agoI wasn't putting the whole blame on it. I was citing it as one example. And, Boston, NY, etc. rents are NOT as high as San Fran.
- SamReidHughes 6y agoSan Fran also has rent control, good weather, and high income jobs. But while Prop 13 also affects politics around new construction, it's a far reach to use its long term effects on voter behavior to associate general concepts of lower taxes and less regulation with higher rents or lower wages. Notably, it's a law that taxes people unequally.